Chilean copper output fell 1.98% in April, compared to the same month of 2020, due to volume decreases from major producers like Codelco, Escondida and Los Pelambres, according to data published by the country's copper commission, Cochilco, on Wednesday June 2.
The country produced 461,200 tonnes of copper in April, down from 470,500 tonnes a year before. Production also fell 5.63% from 488,700 tonnes in March this year.Despite lower supply from Chile, the world's largest copper-producing country, treatment and refining charges (TC/RCs) have rebounded due...